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:30... >> rivalry between apple and samsung is intensifying including construction of a gleaming new headquarters. i'm david louie. we'll have the story still to come. >> at 410 a live look at traffic. this is the skyway. it's a usual bumper to bumper crawl. left to right traffic is go together lower deck of the bay bridge a little bit better for folks on the righthand side of the screen. back wit >>> two big supermarkets market chain as nounsd they're staying away from so called franken fish. trader joes says i it will not sell a new type of genetically modified salmon. it's a cross between an atlantic and pacific salmon. this video shows kit grow twice as fast as regular salmon and fda says it won't cause health problems or harm the environment. critics say it could threaten other salmon if it gets into the wild. >> turmoil for the board of a major computer maker and microsoft says cyber hackers attacked once again. >> emily chang is here with this afternoon's after the bell report. >> good afternoon. hume ceo gave it's speech today saying the company is on a solid foundation but board called for
with us. competition is heading up. samsung unveiled its late else mobile device the galaxy s4 yesterday. it was introduced at a buzzing radio city musical event in new york city. samsung is the world leader in smart phones. the company hose to surpass apple which is currently first in the u.s. mobile market. co-executive editor of all things the blog i'm pleased to have walter mossberg. welcome. >> thank you. >> rose: you have not seen this galaxy 4s have you. >> well what these companies do is they introduce them and then after a certain number of when they get enough units in, they give them to reviewers like me and we kind of put them through real world testing and so they want to be sure they have a productionunit that can hold up to. i'll get one shortly and i'll kind of torture test it. >> rose: then you'll come back and tell me what you found out. >> i will be happy to. >> rose: samsung targets apple's home turf, exploring the galaxy. this is the the "new york time" samsung on apple term. come to u.s. to unveil galaxy s4 device. this is really being pitched as a giant battle
thinking of the possibility. governor brown and mayor signed an agreement to promote samsung expansion in san jose. according to the mercury news, it's worth lots of money per employee for five years. >> they'll go from 500 employees to 2000 employees over the next couple of years. >> reporter: the deal brings environment environmentally friendly event event event research center. samsung is already in austin where employees are 2500 and is expanding their plant. >> more smaller size company to come to get closer to samsung, to get closer to the cyst co. i think in the long run it's a benefit to san jose. >> the city says it's not giving anything away except future tax breaks. >>> on tuesday the supreme court will hear a challenge to proposition 8. the voter passed initiative defines marriage between a man and a woman. >> when we talk about fund meantlized as related to the constitution we're talking about those sacred of all the rights we have. the united states supreme court describes it as such
could take off within weeks. in japan, aviation officials want further investigation. samsung is introducing more than just a new smartphone. the tech company has named two new co- ceos, bringing its total up to 3 chief excutive officers. with great fanfare last thursday, samsung unvieled its galaxy s- 4, which runs on google's android platform and is meant to do battle against apple with a 5-inch touch screen and technology that allows your eyes to move the screen. but, in the face of a downgrade and the new competition, apple shares rallied $1 friday. it's a busy week for ipos. kicking off the list, nursing facility aviv reit, a company that provides conference calls; west corporation; and on-demand digital ad management firm marin software. some biotechs are also set to launch ipos: enanta pharmaceuticals, tetraphase pharmaceuticals and lifesciences company model "n." it's a no-go for john paulson's move to puerto rico. rumors of a move popped up when paulson, a billionaire hedge fund manager, was reportedly looking at real estate opportunities on the island. a new law woul
the samsung announcement? >> that is pretty amazing. once the news was out about samsung it took away some uncertainty. apple bucked the trend. sandra: best buy seeing a nice top. that was an up stock on a down day. >> best buy, the last quarter was a great one. they got positive analyst comments as well. jpmorgan initiated coverage with overweight rating. [closing bell rings] david: the bells are ringing. we're not at absolutely postively lowest point of the markets but very close to it as we see a down market. dow jones industrials down 61 points on the beginning of this trading week. looks like it is settling up from the down point. at one point we saw triple digit red signals from the dow, improving from that. no hope to get into the green. still off the day's lows. the s&p down about 8.5, a little more percentage wise than the dow jones. the nasdaq the least worrisome of all thee four indices. the russell 2000 down over half a percentage point. sandra: worries over cyprus's proposed plan to tax bank deposits, investors pushed back into safe assets, pushing the 10-year yield down the m
the government says it's safe. >> we're going to show what you samsung is doing doing to step up the competition between two company that's hate each other. stay with us. >>> that breaking news from oakland a jury found a man guilty of killing someone here for a job interview with google nearly three years ago. george huggins now faces a possible life sentence out possibility of parole, prosecuters say huggins shot and killed the victim during a series ever robberies. kang was in virginia for the google interview. he had gone downtown to have his teeth cleaned at a friend's office. >> new details coming out of syria tonight. both syrian government and rebels are kusing each other of a chemical attack. there are more, there was more violence today just 24 hours after a rocket slammed into a neighborhood 25 people were killed and dozens wounded. there is no evidence of that, but these videos are being analyzed to see if it matches a phone ashl tack. speaking in israel the president reiterated a warning to syrian leadership. >> the assad regime must understand they'll be held account yablt for the
the rivalry of apple and samsung try to step up sales. we'll tell you why both companies are going fashion forward to try to attract buyers. >>> and you might love yoga, but do your yoga pants love you? a type of popular pants from a well liked retailer are being recalled for showing just a little too much. i'm kristi smith. we'll have reaction coming up. >0 people killed in baghdad today, 10 years to the day the u.s. waged war in iraq. during that decade, the numbers staggering. more than 4400 americans have died. 100,000 iraquis killed in the effort to bring down saddam hussein and ultimately establish democracy there. tracie potts in washington, d.c. with a look back and a look ahead at our military strategy 10 years later. >> reporter: ten years later bombs are still exploding in iraq. just this morning mangled wreckage from multiple deadly car bombs, targeting restaurants, day laborers and bus stops, vestiges of war some say was worth it. >> you left saddam in charge of iran, no end in sight. >> his removal was good for the world. >> even without weapons of mass destruction, saddam hu
on the program. >> good to be here. >> apple and samsung accounting for one in two smartphones sold today. tell me what the competition means for the choices out there. >> i think we have finally gotten to a point where it's not just an until the iphone. we have samsung up as the pepsi to their coke. and these two companies really control most of the market share. and when you hear about a hot new phone, it's going to be one from one of these two guys. >> i think it's interesting there are 5 billion cell phones on the planet versus 1 billion pcs. everybody wants a phone. >> a country that doesn't have a laptop you have a phone with you. >> let's talk about some of the smartphones out there. samsung just announced the s4 galaxy phone, a splashy event they had than. what is your insight than phone? >> that's the big five-inch phone they had at the press event a couple of weeks ago. i checked it out. it's a really nice phone. it's a huge screen, 5-inch screens, they make them much more like portable computers. it does a lot. it's g a great camera. my big problem is it's a plastic phone, and everyo
that the samsung galaxy s4 has been unveiled. we'll speak to someone in the business of consumer electronics trade-in and we head to break this morning. bright spot. look at jc penney and melissa lee pointed this out to us. what's going on with jcp? >> somebody get herb greenberg on the phone. >> if jc penney converted to reitlike units it could go out to other retailers and that would make it $46 a share with $40 accorded to the reit part of the business. >> here you go. >> it's why we're the best in the business. we're back after this. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ how lincoln financial can help you take charge of your future. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional invest
for joining us. >>> it is about time. samsung tossing its hat into the smart watch ring, to keep up with rival apple. regardless of who gets to the market first, will consumers latch on to a smartphone watch? and later, what do professional football players and private equity geeks have in common? nfl executive eric grugman speaks with me about the league's latest multi-million dollar partnership and where they plan to put money to work in a few minutes. stay with us. your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the
they compete? less talk about samsung's. blackberry tomorrow. fair enough. that's a samsung. galaxy's really picking up market share. you're not worried about that. >> not worried about it. there seems to be so much attention. in all this talk. if you look at mobile phone units to year-over-year at over 29% in the fourth quarter. since i grew 12. there is a big misperception that samsung is doing so much better. smart phones. and what they're doing is moving their feature phone business is more fun. it makes this more fun growth look much higher, but the way to get rid of this is silicon mobile phone and apple & by almost threefold. cheryl: blackberry is releasing the blackberry ten tomorrow. >> not a threat at all. think it is a worthy effort that will keep them in the game. probably more of a threat to android. cheryl: apple filed a patent. he dropped the phone, it prevents it from shattering which is been one of the beckham plans for users to my phones. deasy to break. is this a game change? to you factor this in? i think that's a useful feature. cheryl: you did come back from that thousa
from samsung. lululemon doing the downward facing dog with the transparency with the iconic black yoga pants prompting the retailer to cut sales guidance and boeing clinches an order from ryanair. of course, we begin with the markets. the dow and the s&p 500 hoping to avoid their first three-day losing streak of the year. wall street will be paying close attention in about three hours from now. that country's parliament scheduled to vote on a proposed tax on bank deposits and the controversial measure appears set to go down in defeat. here in the u.s., policymakers begin a two-day meeting in which they're expected to hold current policy. this is one of the meetings where we will get a press conference and people will be hanging on every word and every use of every adjective coming out of the fed chairman's mouth. are you expecting anything? >> i think that, frankly, we are looking at a housing rebound. we're looking at industrial production rebound. we're looking at retail sales rebound and it will be really important somehow for the fed to be able to say listen, we still need rates lo
including one for a technology firm going public today. we'll talk to the model n. also samsung is launching a new product today and it's not a smartphone. we'll talk exclusively with samsung electronics america president tim baxter about what his company is unveiling and taking another look at the futures. it looks like it will be a strong open out of the gates today. the dow with an implied open plus 70 with the nasdaq following suit. more "squawk on the street" live at post 9 on the nyse when we come back. >>> it's wall street firm is jumping on the best buy bandwagon. credit suisse overweight with a $30 price target and the firm calling best buy its best near-term idea expressing confidence in its management's ability to turn the company around. credit suisse is saying it is upbeat about the best buy earnings prospects. the stock is now up almost 90% so far this year. gary balter is the analyst. jim, who i know you know well. >> yes. >> i love the note this morning more than anything. >> i mean, he's quoting bob seeger saying i know it's late. i know you're weary. a lot of people have up
loopholes. >> iphone, apples fighting back as blackberry and samsung pile on. >> a tight market. it's down to the floor of the new york stock exchange to check in with nicole, and stocks well off the low of the day, seems the initial shock is wearing off. do you agree? >> well, certainly, we are up off the lows of the day with an extremely strong dollar when we started today. that's come back a little bit. of course, the euro at four month lows, and there are continued concerns about cypress, the banks, the eurozone, and just the global picture financially. the dow, right now, at 14500, trading as low as 14404. cypress is a big concern. china is a big concern. they said china's economy is showing symptoms that sparked the crisis in 2008, the warning and saying they risk financial crisis. obviously, concerns about china. i'm going to stick to the cypress theme and put it together. the vix, fear index popped. you see the 1275 right now, up 17%. at one point, up 13%. right now, let's look at the financials because they certainly reacted. in some cases, dramatically, and the idea of them taxin
. apple takes direct aim at samsung after the release of its new s4 galaxy. is this its last hope? invest like an activist. one fund manager's take on how to follow the smart money as we break down the fundamentals of 13d activist fund. plus another euro bank crisis. the latest move by cypress spooking markets around the world. bob dahl weighs in on how it's impacting the global. the "countdown to the closing bell" begins right now. ♪ cheryl: i'm cheryl casone in for liz claman. it is the last hour of trading, and the count down's beginning, and the dow is making somewhat of a big turn around right now after dropping more than 109 p points. the dow trying to squeeze through the green a little more than 30 minutes ago, now down 26 points as you can see on your screen. u.s. markets have been falling in global selloff in response to cypress' plan for a deposit tax. now it seems like we're shrugging off those headlines. now, shares of hewlett-packard and verizon are helping the dow recover some grounds after upgrades from morgan stanley. verizon actually hitting more than an 11.5-year high
convened to celebrate the life of the late chairman the founder of the samsung group with a major address on asia policy. mr. chairman, today you are succeeding a long line of distinguished speakers over the years. our first b.c. lecturer was former secretary of state henry kissinger. subsequently, we have heard from chairman of the senate foreign relations committee, senator jesse helms and heard from ben gilman and henry hyde and don rumsfeld, colin powell, condi rice and others. our last lecturer was senator leiberman. we have over the years made a significant and substantial contribution to american policy makers, understanding of the challenges we face in terms of our policies towards asia. 30this, in fact, the anniversary of the founding of the heritage foundation's asian study center. when dick and i started the center back in 1983, it was our first dedicated foreign policy center at the heritage foundation. back then asian security was all about what's happening here in the cold war. from that perspective, study of the soviet union might have made a lot more sense. dick and i, as
to improve an incentive couple for the expansion of samsung semi conductor. the deal was outlined in a signing with governor brown and senator reed. it includes reimbursements. samsung is a subsidiary of samsung electronics. >>> for many christians, easter is a time to reflect on god's gift to mankind but for others it can be a chance to delight on candy and sweets. there weekend sales were brisk at chocolate covered that's a shop in noe valley. sales were up from what they were a year ago. >> we were happy to have enough bunnies and carrots and eggs for everybody. >> reporter: easter spending survey estimates the average person celebrating easter will spend about get this $145 on candy, decor, clothes and food. in all easter spending in the u.s. is expected to hit $17 billion. >>> a charity has the video of a rescue of a hawk caught on a utility pole. check the poor guy out. it happened last monday in w atsonville. pg & e brought a bucket truck out to get a wildlife worker up to free the hawk. workers were also able to reunite the bird with its handler. >> seems to be a calm hawk
. boeing has i issued layoff notices yet. san jose wants to keep samsung and the silicon valley. the city council is expected to approve 7 million in incentives to keep the company from moving to texas. a proposed expansion of samsung san jose facility will replace existing offices with a modern research and development campus totaling 680,000 square feet to two distinctive tan story towers. samsung semiconductor has been based in san jose since 1986. >> 6178 m there are few signs of spring and some parts of the midwest, where a storm has dumped up to a foot of snow from eastern kansas to misery. about 100 flights were canceled at lambert field in st. louis yesterday. you can see planes being the eyes in kansas city on the top right. the bottom right of colorado springs, which also saw a few inches of snow or the weekend. the storm is moving east and with the storm warnings advisory have been issued as far east as pennsylvania. >> we did see some light wane as the moving closer to the weekend. temperatures currently are in the 30's 40's and 50's. a little cooler for the north bay valleys.
for emergency crews on the scene there. >> thank you, 5:39. samsung is trying to decide between the golden state and the lone star state. what is at stake for silicon valley as the south korean company is ready for an expansion. >> the event bringing thousands of gamers and game developers together in one place today. together in one place today. that one [ male announcer ] citibank's app for ipad makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at citibank. santa rose, berkeley, and shows, and all the bay area this is abc7 news. >> good morning, at 5:42. it is monday. here is traffic on 680, at walnut creek. it looks fine. it is dry. maybe a touch windy. can you see the wind in the bouncing camera shot. we will talk with lisa about the weather and sue hall and the commute. >> same-sex marriage and the long road to the supreme court reaches the destin
incentive package for samsung. the deal was outlined back in august at this city hall ceremony with governor jerry brown, mayor chuck reed, and samsung executive. the city of austin, texas by the way offered similar incentives in an effort to get samsung to move there. >>> after seven long years and spending millions of dollars the new devil's slide tunnels are set to open today. alex savidge is there where a ceremony is scheduled in a couple hours. alex. >> reporter: this is certainly a relief to people who drive this stretch of roadway. later on today crews are set to unvail these two new tunnels. you can see the sign right now says tunnel closed. but in just a matter of hours folks will be driving through there. this will be the highway 1 bypass at devil's slide. this is a $400 million project that features two bores through the mountain. the tunnels allow drivers to avoid a section of highway 1 that has been notorious for rock slides and mud slides. it has closed the road months at a time. devil's slide has been the site of deadly accidents as well. some drivers have gone down the cliff
incentive package for samsung semi conductor. the deal was outlined in a signing ceremony with city hall governor jerry brown, mayor chuck reed, and samsung electronic executive. it includes tax breaks and equipment reimbursements. the city of austin, texas offered similar incentives trying to get samsung to move there. >>> the long awaited devil's slide towns could open as early as today. alex savidge is joining us live in pacifica where the ceremony will be hold in a few hours. alex. >> reporter: after eight years of drilling and digging and tod these two new tunnels. this is the highway 1 bypass heres at the devil's slide. these tunnels brand new. take a look at them. live this morning. they are just shy of a mile long and they will create a safe and problem free way for people to get between pacifica and the half-moon bay area. this is a $400 million project that features to bores through the mountain. the tunnel allows drivers to avoid a section of highway 1 that has been plagued over the years by mud slides and rock slides. in many cases those slides have closed the two lane road f
city council is expected to approve a $7 million incentive package for samsung. the deal was outlined back in august at this city hall ceremony with governor jerry brown, mayor chuck reed, and samsung executive. the city of austin, texas by the way offered similar incentives in an effort to get samsung to move there. >>> after seven long years and spending millions of dollars the new devil's slide tunnels are set to open today. alex savidge is there where a ceremony is scheduled in a couple hours. alex. >> reporter: this is certainly a relief to people who drive this stretch of roadway. later on today crews are set to unvail these two new tunnels. you can see the sign right now says tunnel closed. but in just a matter of hours folks will be driving through there. this will be the highway 1 bypass at devil's slide. this is a $400 million project that features two bores through the mountain. the tunnels allow drivers to avoid a section of highway 1 that has been notorious for rock slides and mud slides. it has closed the road months at a
for samsung semi conductor. the deal was outlined in a signing ceremony with city hall governor jerry brown, mayor chuck reed, and samsung electronic executive. it includes tax breaks and equipment reimbursements. the city of austin, texas offered similar incentives trying to get samsung to move there. >>> the long awaited devil's slide towns could open as early as today. alex savidge is joining us live in pacifica where the ceremony will be hold in a few hours. alex. >> reporter: after eight years of drilling and digging and building, finally later on today crews are set to unvail these two new tunnels. this is the highway 1 bypass heres at the devil's slide. these tunnels brand new. take a look at them. live this morning. they are just shy of a mile long and they will create a safe and problem free way for people to get between pacifica and the half-moon bay area. this is a $400 million project that features to bores through the mountain. the tunnel allows drivers to avoid a section of highway 1 that has been plagued over the years by mud slides and ro
, is in the supply chain. s samsung in dominant in screens and trying to get them to secure them with the right supplies and components. companies like sharp having trouble, lg losing money in phones. maybe apple needs to deploy more of their cash in the supply. maybe even an acquisition. >> an investment in their future. that's what jon says. julia, how about you? >> i'm with jon on acquisition. it obviously sells a lot of content but it's facing more competition than ever. it could buy twitter for $10 billion, netflix. apple has the kind of cash that it can make a serious acquisition to take the media business in a new direction. >> netflix is an interesting idea because apple tv does the same things that netflix does. all right. next, the battle between apple and samsung does. samsung is developing a wearitable digital watch after apple was working on a smart watch. is anybody going to do this, julia? is anybody going to wear these things? >> i think it's a great idea. it's a smart watch called the pebble. it raised over $10 billion on kickstarter. the website says that they have people that
especially when samsung wants out. over $7 million worth of incentives to say it is money well spent? let's ask our panel. what you think? >> it is lovely to try but i am surprised that san jose has $7 million to give away. but if the state has not been providing an attractive business climate and policies are bad for business in this economy economy, they will go where they need to go. if governor period texas can't attract business and is good for texas and good for period sounds like a short-term bribe. >> you could always wonder if what you did for samsung do for us. >> this creates a cycle that you could call this extortion if you try to seek a better deal to get concessions where you are. but mark my words sam stone -- samsung is thing they are it is a benefit to be in silicon valley a huge pipeline of future talent. neil: but that is the issue. people are leaving. >> not as huge but mark my words this is their attempt to make business bottom line a little bit friendlier for staying in they are extorting the city of san jose and others will follow suit. >> extortion? it is of seriou
, samsung says it's got a watch in the works and deeb yea yeah -- ebay makes big changes to the fee structure. hi, emily. >> good afternoon, move over, apple. samsung working on a smart watch, too. the mobile vice president says the company is preparing products for the future and a watch is one of them. this after sources say apple is working on a watch-like device that will perform similar functions. eric schmidt calling on india to ease sensorship on the internet. schmidt made the statement in the op-ed in the times of india. some troubling numbers for pc market. ivc the cutting shipments for 2% for the first quarter, expecting sales to fall about 10 p%. sales slumped in february. china accounted for 21% of the global pc shipments last year. a mixed close for stocks. the bloomberg silicon valley index qlor on shares of oracle and apple. ebay is overhauling it's seller fees as it tries to lure third party merchants away from amazon. it gives discounts to top-rated sellers. the changes will be rolled out over the next few weeks. in san francisco, i'm emily chang with bloomberg west
smart phone, the buzz about it is pretty good. jonathan bloom explains, compared to samsung's galaxy or iphone 5, blackberry may face an uphill bottle. >> beneath his coat. director is hiding something that is not so stylish. >> i have a blackberry. it's a little bit embarrassing. >> in the final months of his contract, they are trading up to the newest zones from apple to samsung. >> smart phone that started it all, accounts for just 2% of the market. blackberry ceo is determined to change that. >> we're used to competition. we have to get better. what we did, we have a new platform. >> it's now in the u.s. z-10 looks like a touch screen competitors and getting good reviews. >> i actually like it. i think the aspects of the phone it feels really comfortable and nice job with the camera. >> jessica was enthusiastic about the new touch key kee board and slick camera and new blackberry apps. >> this latest has all the trappings of modern smart phone but is it enough to save the company? >> i think right now they are trying to prove they are not dead. >> are they? >> they are not dead y
. >> thank you. >>> what will it cost to keep samsung in the south bay? plus a show of unity,ty, the hand over secretary of state john kerry made today during his unannounced visit to afghanistan. Ñw? >>> prince harry is scheduled to visit the united states in may. he is expected to play polo in connecticut to raise money for a charity. he plans to visit aural national cemetery and see game -- arlington national cemetery and see games. and he plans to visit with victims of hurricane sandy. >>> secretary of state john kerry smoothed over reports. >> i am confidence the president does not believe the united states has any interest except to see the sal ban make police -- taliban make peace. [ inaudible ] >> does not mean a collusion between the united states and the taliban. >> this meeting came on a day when the united states handed over to the afghans its prison. they decided to the hand-off a year ago but the united states hesitated. >>> they will issue a ruling in 8 hours on whether or not amanda knox will be tried again for murder. amanda knox was not in court for today's six hours of
. and if you're looking for something new to buy, samsung will be happy to oblige. introducing its new galaxy 4 smartphone this week. the phone features a five-inch screen, a larger battery and a screen you don't have to touch, but just hover your fingers over. samsung is apple's main competition in the smartphone market. >>> well, the markets setting new records almost every day, and the federal reserve meeting next week, what could happen next and what should you do with your money? joining me right now to talk than, randy kroszner is the former federal reserve governor and current professor at the university of chicago booth school of business. and jim mcaughan is ceo of principle global investors with $280 billion in assets under gentlemen, it's good to have you on the program. thank you so much for joining us. >> sure. >> so many stories to talk about. jim, every time the dow sets a new high, it's a new record. we have known corporate america is strong, sitting on all of this cash. but is this telling us now that the economy is stronger than we think, or is this just because the federal re
. >> thanks. melissa: the rivalry is heatings up between apple and samsung. sources say samsung is developing a new product similar to a wristwatch that will have many capabilities of a smartphone. this news comes just after samsung released its new galaxy s4 smartphone last thursday and just last month, news about apple experimenting with a smart watch of its own surfaced. samsung and apple are the world's two top mobile device companies. both are developing new products as smartphone sales have begun to slow down. you need a smart watch? lori: i can't keep up with all the technology. moving too fast and furious for me. melissa: there you go. tonight on "money", boone pickens will weigh in whether we are losing advantage in natural gas to china. china is opening up natural gas fueling stations for transportation, like 50 in the u.s. over next year or so. he will join me 5:00 p.m. eastern on fox business because he said years ago we should use natural gas for transportation. a lot of people thought he was talking his book. but turns out he was absolutely right. >> the white house says treasur
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for me. it's this. a blackberry. i'm addicted. but are you? or are you on to apple and samsung and android? we'll find out after the break. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? but that doesn't mean i don't want to make money.stor. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it shows. we don't run like that. we build john deere equipment the way we always have: the right way.
. or are you addicted to apple or samsung? no, no, no! stop! humans. one day we're coming up with the theory of relativity, the next... not so much. but that's okay -- you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car and we give you the money to buy one a model year newer. learn about it at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. >>> we said earlier senator murray was opposed to dianne feinstein's assault weapons bill. millions of users worldwide, blackberry is giving apple and samsung a run for their money. now they're hoping to take a bigger slice out of the smart phone market with the release of their new device. i'm a well known blackberry crack addict. and i'm still hanging on in here. i'm going to lay my cards on the table to you there. my two teenaged sons recently defected from the blackberries th
to keep samsung in the silicon valley. the city council is expected to approve $7 million in incentives to keep the company from moving to texas. a proposed expansion of samsung's san jose facility would replace existing offices with a modern research and development campus totaling 680,000 square feet in two distinctive 10-story towers. samsung semiconductor has been based in san jose since 1986. watching these gas prices, we are watching gas prices coming up on a kron 4 morning news. a look at your forecast and a live look outside of the bay bridge toll plaza. and a mild start. changes and details coming up 97 >> welcome back. changes for the middle of this week with the forecast. >> yes we can see some sprinkles even tomorrow. the extensive morning fog. cloudy conditions and temperatures are on the mild side. with a 20-30 percent chance for rainfall. the sea breezes will increase and 50's for the coast. saying goodbye to the 70's for the next couple of days. anticipate mostly cloudy conditions with currently 46 out the door for san mateo. mostly cloudy conditions. as for the afternoo
think it's being challenged by smartphones with the new samsung announcement, tablets, competition is cut throat beyond all belief. that segment of the industry is in what we call secular decline, it's still going lower. with that in mind, i think you should take action on monday morning. i want you to sell dell. you own dell, it goes, okay. it is now on the single biggest sell, sell, sell list i've ever had. right now michael dell is trying to take the company private for little less than where the stock is currently trading. i sat wrapped this morning on "squawk on the street" sitting next to david faber. when he detailed the shocking decline, you know when we're on tv and a guy's saying stuff and, geez, really? he was telling me the shocking decline in cash flow dell has experienced since the steel started percolating, dell is doing terribly. i'm confident the stock will go $8 and change. it was shortly before the deal was announced. you cannot be in dell, people. it is dangerous now. i believe you must ring the register first thing monday morning. yes, it is dangerous. and you
war. today, we have a number of other significant guests who are here with us representing the samsung company from their new jersey headquarters, mr. m.j. han and welcome you here on behalf of the chairman of samsung, and our good friend and long time member of the heritage foundation. we are delighted to have so many members of the diplomatic corps here with us, cambodia is here this morning. the ambassador from the phillipines is here. the ambassador from indonesia is here. we have the d.c.m.'s from a number of our asia-pacific partnership countries, including australia, canada, singapore, thailand and vietnam. we have hong kong's commissioner for economic and trade affairs with us today. and always good to see him. leo lee is here. and i thank all of you for making a special effort to be with us here today to welcome the chairman of the house ommittee on foreign affairs. again, this is a confluence of several anniversaries. the 16th time we have convened to celebrate the life of the late chairman the founder of the samsung group with a major address on asia policy. mr. chairman, to
has not yet issued layoff notices. san jose wants to keep samsung and the silicon valley. the city council is expected to approve 7 million in incentives to keep the company from moving to texas. proposed expansion of samsung san jose facility would replace existing offices with a modern research and development campus totaling 680,000 square feet into distinct attend story towers. samsung semiconductor as a base in san jose since 1986. >> a live look from our roof and van ness ave. clouds and sunshine, we will be right back. me >> welcome back, this just and a caltrans train that has hit a person very service on the northbound caltrans to 11 train is stopped between the mound deal and california avenue stops according to the caltrans twitter feeds. police were at the scene and there is expected to be at 282 our weight according to caltrans. we're waiting on the condition of the person i was hait. this pedestrian was struck in the palo alto area, we will give updates as we get them. >> and parts of the midwest, they got up to a foot of snow. that is stainless missouri. look of the
council is expected to formally approval a $7 million incentive package for samsung semiconductor. the deal was outlined in an august signing ceremony in city hall with governor brown, chuck reed and samsung's executive. the package includes tax breaks and equipment reimbursements. the city of austin, texas was offering similar incentives in an effort to get samsung to move there. >>> sal is back. don't tell me we have caltrain delays, sal. >> we do. as a matter of fact, we do. unfortunately, these delays to be for a while, tori and dave. this is because of a train, a northbound train, 211, apparently hit someone. this is reportedly. we're trying to confirm. northbound train 211 has hit a pedestrian in mountain view. we can go to the maps. i'll show you that the area here that's where the train travels can be delayed for the entire system. the freeway nearby, not all that busy. unfortunately, when there are major caltrain delays, some people choose to drive. you might want to think about that if you are driving on 101 or on 280. we'll get more information on this. this is just com
city council is expected to formally approval a $7 million incentive package for samsung semiconductor. the deal was outlined in an august signing ceremony in city hall with governor brown, chuck reed and samsung's executive. the package includes tax breaks and equipment reimbursements. the city of austin, texas was offering similar incentives in an effort to get samsung to move there. >>> sal is back. don't tell me we have caltrain delays, sal. >> we do. as a matter of fact, we do. unfortunately, these delays to be for a while, tori and dave. this is because of a train, a northbound train, 211, apparently hit someone. this is reportedly. we're trying to confirm. northbound train 211 has hit a pedestrian in mountain view. we can go to the maps. i'll show you that the area here that's where the train travels can be delayed for the entire system. the freeway nearby, not all that busy. unfortunately, when there are major caltrain delays, some people choose to drive. you might want to think about that if you are driving on 101 or on 280.
the samsung company from their new jersey headquarters, mr.m.j. han. mr. han, we're happy to welcome you here on behalf of the chairman of samsung, our good friend and longtime member of the heritage foundation. we're delighted to have so many members of the diplomatic corps here with us. ambassador hang from cambodia is here this morning, ambassador quishea from the philippines is here, ambassador jalal from indonesia is here. we also have the dcms from a number of our asia-pacific partnerships including australia, japan, singapore, thailand and vietnam. we have hong kong's commissioner for economic and trade affairs, donald tong, with us today, and it's always good to see him. leo lee from tech row is here, and i thank all of you for making a special effort to be with us here today to welcome the chairman of the house committee on foreign affairsment again, this is a confluence of several anniversaries, the 16th time we've convened to celebrate the life of the late chairman cho, the founder of the samsung group with a major address on asian policy. mr. chairman, today you are succeeding a l
of other significant guests who are here with us representing the samsung company from their new jersey headquarters, mr. m.j. han and welcome you here on behalf of the chairman of samsung, and our good friend and long time member of the heritage foundation. we are delighted to have so many
. it takes on market leaders apple and samsung and they have soared more than 150% in just the past six months. 150 -- i mean, this is a classic sort of dash for trash that we've seen so far this year. >> i like that, yes. where there are a lot of stocks that people questioned the future of the stocks and they questioned the quality of the stocks and these are the ones that had been gaining. >> right. blackberry, bed bath and beyond, best buy, hewlett-packard. >> yes. >> all companies thought to be on the ropes and all companies resurgent and all companies very inexpensive if they get it right. if they get it right, blackberry has no problem. >> eric schmidt will be in line because he's using one with the keyboard so he would have to wait for the q10 and not the z10 because ironically he uses a blackberry. he likes the keyboard. >> i'll tell you what's ironic, when i went to my college reunion. steve ballmer was using a nokia. why? microsoft -- >> exactly. he said look at this. oh, my god, i've never seen one of those. >> because nobody has one. >> if he'd pulled out a blackberry, it wo
that allows for amazing improvement of technology and this is a good way to play samsung and earlier this month they had a huge victory in late-- >> emerges. charles: immersion. that's the thing i grapple with. when they signed this deal earnings go up. a ton of money off this not just samsung, but a lot of other companies and this is a grand slam. stuart: sorry, a grand slam? >> a grand slam. it's a high beta stock and could be more volatile than normal. stuart: what's the name? >> immersion. stuart: immersion. i've got it. new york's mayor mike bloomberg. i jumped the gun. hold on a second. new york's mayor mike bloomberg, he says the poor need guidance and a nanny, dare i suggest that he might be right? here is my take. in obama's world, i am forced to be my brother's keeper. i am taxed to the hilt. i pay the bills for others. i fund medicaid, i fund food stamps. i buy the cell phones and subsidized housing. i pay the heating bills, college costs and pay for just about everything else, including tattoo removal. so, why shouldn't i have some say in the behavior of the people gettin
that campaign and that would have been it. >> and where can i meet them? >> he's over there with samsung. the end of power players, how the little guys are making waves on the global stage. so let's break down this play. charles? uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want mama to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what's in your wallet? to get her oven baked taste straight from the microwave. like her oven roasted chicken baked in a rich, creamy alfredo sauce. she calls them her new comfort bakes. marie callender's. it's time to savor. >>> enough already. uncle, mercy. snow continues this morning in many areas of new england over 500 schools have been canceled, many others on delay. auburn, maine, the snow is beginning and won't stop until later on tonight. you could end up with a
, the founder of the samsung group with a major address on asia policy. today your succeeding a long line of distinguished speakers over the years. the first lecture was former secretary of state kissinger , and subsequently we have heard from the senate foreign relations committee, senator jesse helms, from your predecessors on the house foreign affairs committee and donald trump's wealth wealth, colin powell and connolly's a rice and others our last -- last lecture was senator joe lieberman. so we made a contribution to policy makers in terms of policy to asia. this is the 30th anniversary of the foundation of the heritage foundation and asian studies center. when we started it 1983, it was our first dedicated foreign policy center at the heritage foundation. back and asian security was all about what was happening here in the cold war. from that perspective, the study of the soviet union might have made more sense. to as we talked, we talked about the potential it could be conceivable u.s. trade with asia with equal trade across the atlantic. today it is much several times greater than
of san jose is expected to approve a $7 million incentive for samsung to improve its company. it would replace existing offices with a more modern facility. right now the building offers 200,000 square feet of space but the company wants to expand it to 680,000 by building two ten story towers which would employ at least 10,000 people. >>> lowe's is being accused of december crimination. the chronicle is now reporting that six current and former employees have filed a lawsuit in superior court. they say lowe's hired minority employees to comply with an agreement a-- with the lowe's to be built. >>> the college says the boost is meant to help meet the demand for specific classes. more than 980 classes will be offered. the majority being english, math, and science courses. enrollment management was one area of criticism. a final decision on the schools accreditation could be made in june. >>> the golden state warriors are inching closer to a playoff spot. last night they played the first of five straight home games and they knocked off the washington wizards 101-92. steph curry stored 35
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